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  • Inflection Point Ventures to invest  $20 million in start-ups in India this year Feb 28, 2021 04:41 PM IST

    Inflection Point Ventures to invest $20 million in start-ups in India this year

    IPV members invest about half a million dollars in a start-up. Excluding the deals announced last year, IPV has offered exits in 5 start-ups and has secured follow-on rounds at higher valuations in 10.

  • Startup funding this week | Zomato raises $250 million; Innovaccer becomes a unicorn Feb 27, 2021 02:32 PM IST

    Startup funding this week | Zomato raises $250 million; Innovaccer becomes a unicorn

    Semi-cooked foods, personal loans and ed-tech were among other sectors that saw funding activity

  • ShareChat vying to raise $200 million from China's Tencent via European entity: Report Feb 25, 2021 02:16 PM IST

    ShareChat vying to raise $200 million from China's Tencent via European entity: Report

    Sharechat had earlier raised $100 million from Twitter and others in August 2019 and another $40 million from existing investors in September 2020.

  • Infra.market turns unicorn, raises $100 million led by Tiger Global Feb 25, 2021 02:11 PM IST

    Infra.market turns unicorn, raises $100 million led by Tiger Global

    Its other investors including Accel Partners, Nexus Venture Partners and Sistema Asia Fund invested as well.

  • Moneycontrol to be Digital Media Partner of IIT Kharagpur’s Global Entrepreneurship Summit 2021 Feb 25, 2021 01:16 PM IST

    Moneycontrol to be Digital Media Partner of IIT Kharagpur’s Global Entrepreneurship Summit 2021

    Global Entrepreneurship Summit (GES) 2021: The four-day online event will begin on February 25. It will include keynote sessions, fireside chats, workshops, competitions, networking sessions and an intern fair.

  • Razorpay in talks with GIC for $150-200 million investment at valuation of $2 billion: Report Feb 25, 2021 11:04 AM IST

    Razorpay in talks with GIC for $150-200 million investment at valuation of $2 billion: Report

    If the funding goes through, this would be the fastest an Indian startup has increased valuation

  • Grofers in talks with Cantor Fitzgerald's SPAC for NASDAQ listing: Report Feb 24, 2021 12:49 PM IST

    Grofers in talks with Cantor Fitzgerald's SPAC for NASDAQ listing: Report

    If it goes through, this would be the first time an Indian company takes up SPAC route make its market debut

  • Retail tech startup Arzooo raises $6 million from Trifecta Capital Feb 24, 2021 09:11 AM IST

    Retail tech startup Arzooo raises $6 million from Trifecta Capital

    Funds will be used to improve technology and operational capabilities to “ramp up supply chain infrastructure” and serve over 50,000 retail stores

  • PayU-backed Fisdom acquires IT return filing startup Tax2win Feb 23, 2021 04:46 PM IST

    PayU-backed Fisdom acquires IT return filing startup Tax2win

    This move marks Fisdom’s entry into tax solutions segment, as part of the company’s plan to offer financial services for its customers and partners.

  • Small-Town Startups I Here's how this Dubai-returned restaurateur is helping himself and others who lost their livelihood to Covid Feb 23, 2021 01:18 PM IST

    Small-Town Startups I Here's how this Dubai-returned restaurateur is helping himself and others who lost their livelihood to Covid

    Patna-born entrepreneur Dheeraj Kumar returned to his hometown, leaving behind his restaurant The Fish & Chips Room in Dubai, to set up Cart Club. Here's why

  • DailyBasket accuses BigBasket of ‘corporate bullying’, Coimbatore startup plans to fight back Feb 23, 2021 11:48 AM IST

    DailyBasket accuses BigBasket of ‘corporate bullying’, Coimbatore startup plans to fight back

    The two-man company has displayed a cheek by jowl comparison of the websites and mobile applications to highlight the dissimilarities between the two firms

  • Sachin Tendulkar invests in Unacademy, becomes brand ambassador Feb 23, 2021 10:11 AM IST

    Sachin Tendulkar invests in Unacademy, becomes brand ambassador

    As part of the deal, Unacademy users will be coached and mentored by the legend through a series of live interactive classes.

  • Over 8 crore traders to participate in Bharat Band protest on February 26: CAIT Feb 22, 2021 08:54 PM IST

    Over 8 crore traders to participate in Bharat Band protest on February 26: CAIT

    The business community which was enthusiastic about the goods and service tax (GST) system when it was introduced now feels depressed because of wide complications in GST compliance and imposition of huge penalties even for small unintentional errors.

  • Exclusive: SaaS firm Chargebee guns for unicorn status with $1.4 billion valuation in fundraise Feb 22, 2021 08:40 PM IST

    Exclusive: SaaS firm Chargebee guns for unicorn status with $1.4 billion valuation in fundraise

    The fundraising round will likely be led by a fresh US-based investor, with existing backers Tiger Global Management, Steadview Capital and Insight Partners doubling down on their bets.

  • CAIT accuses Narayana Murthy of helping Amazon, demands government investigation Feb 19, 2021 09:27 PM IST

    CAIT accuses Narayana Murthy of helping Amazon, demands government investigation

    The CAIT has also dragged banks such as HDFC Bank and State Bank of India for partnering with Amazon to give shopping advantage to people for purchasing goods exclusively from Amazon and other e-commerce companies.

  • Despite pandemic, startups choose growth over profit Feb 19, 2021 01:29 PM IST

    Despite pandemic, startups choose growth over profit

    Temasek-owned InnoVen Capital's annual report says that about 77 percent of startups consider growth a focus area over profitability. While surprising, there is more to it.

  • College admission platform Leverage Edu raises Rs 47 crore in Series A round Feb 19, 2021 10:04 AM IST

    College admission platform Leverage Edu raises Rs 47 crore in Series A round

    The startup will use the fund to expand its reach in Tier 3, 4 and smaller towns, Leverage Edu founder and Chief Executive Officer Akshay Chaturvedi has said.

  • Ordered some veggies? This startup brings a truckload to your doorstep! Feb 17, 2021 01:01 PM IST

    Ordered some veggies? This startup brings a truckload to your doorstep!

    Bok choy, lettuce or spinach, Delhi-based VegEase sends you a van full to choose from. It has 85 vans at present, and plans to increase the number of trucks to 500 in Delhi NCR alone by May. Foray into other cities by March on the cards.

  • Entrepreneurs hail Narendra Modi government's move to free up mapping Feb 15, 2021 09:16 PM IST

    Entrepreneurs hail Narendra Modi government's move to free up mapping

    Prime Minister Narendra Modi described it as a decision that would provide a huge impetus to Digital India and a massive step in its vision for Atmanirbhar Bharat.

  • Snap to double down on India as user base crosses 60 million Feb 15, 2021 01:43 PM IST

    Snap to double down on India as user base crosses 60 million

    Snap’s Nana Murugesan, Managing Director, International Markets, says to expand Snapchat’s reach in India they will step up investment in partnerships, experiences and product development.

  • Azim Premji-backed KreditBee raises Rs 544 crore, cuts down on Chinese funding Feb 15, 2021 11:10 AM IST

    Azim Premji-backed KreditBee raises Rs 544 crore, cuts down on Chinese funding

    KreditBee's parent company, Finnov, slashed its Chinese investors that now hold only 10 percent as compared to previously holding 40 percent.

  • Indian Angel Network plans to invest over Rs 100 crore in start-ups in 2021 Feb 15, 2021 10:19 AM IST

    Indian Angel Network plans to invest over Rs 100 crore in start-ups in 2021

    IAN co-founder Padmaja Ruparel told PTI that the consortium members will evaluate opportunities in biotechnology, augmented reality, manufacturing and in environment space.

  • Last week in startup funding | Dailyhunt gets $100 million more; D2C brands, meat delivery continue to attract investors Feb 13, 2021 08:18 AM IST

    Last week in startup funding | Dailyhunt gets $100 million more; D2C brands, meat delivery continue to attract investors

    Dailyhunt has now raised $200 million in two months, a well-known makeup brand got funded and a gaming IPO may be on the way.

  • Founder-CEO Ashneer Grover on why BharatPe chose not to be a unicorn, for now  Feb 12, 2021 12:26 PM IST

    Founder-CEO Ashneer Grover on why BharatPe chose not to be a unicorn, for now 

    Ashneer Grover thinks BharatPe has achieved a lot but has a long way to go, the unicorn tag can be a distraction.

  • Bengaluru based startup Niki says its revenue increased by 1000% in last year Feb 12, 2021 11:44 AM IST

    Bengaluru based startup Niki says its revenue increased by 1000% in last year

    The company has Tata mogul Ratan Tata, US-based fintech-focused fund EMVC, Unilazer Ventures, Japan’s Recruit Strategic Partners, and Haresh Chawla, among others, onboard as investors.

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